GLOBAL TRADE COMPLIANCE SOFTWARE

Save time, control costs and mitigate risks with PRECISION automated global trade compliance software. Ensure every shipment meets international trade regulations, no matter where you send.

International Trade Compliance, Made Easy

STREAMLINE YOUR GLOBAL TRADE COMPLIANCE PROCESSES

Changes in trade regulations, sanctions and restricted parties along with the growing complexity of trade laws and regulations make global trade compliance increasingly challenging. Supply chains have become global, and an increasing number of companies are engaged in cross-border shipping.

Trade compliance departments are equally challenged with both the growing complexity of trade laws and regulations, as well as effectively managing the sheer increase in shipment volumes. As a result, more and more companies are turning to automated international trade compliance software.

Ensuring each and every cross-border shipment is compliant is a labor-intensive process, and mistakes are costly. Authorities can and do impose heavy fines for compliance missteps, and companies suffer reputational damage as well as financial penalties. Trade compliance software gives companies greater control.

The PRECISION Global Trade Compliance solution starts at the very beginning of the export sales process. With PRECISION Automated Global Trade Compliance Software you can perform due diligence, streamline compliance and mitigate the risks associated with dynamic trading environments as well as control costs and create audit-ready electronic reports.

KEY FEATURES OF PRECISION GLOBAL TRADE COMPLIANCE

Verify trading partners

Leverage automatic alerts and system holds

Stay up-to-date with denied party lists

Perform due diligence

Determine End Use

Create audit ready reports

Validate the country of destination

Access KPIs for operational visibility

Ensure special documentation or actions are included

Screen, Verify & Validate

VET EVERY EXPORT AUTOMATICALLY

Leverage PRECISION Automated Global Trade Compliance Software to verify that your trading partner has passed DPL screening, determine the End Use of the item, validate that the country of destination has been approved and ensure that any special documentation or actions are included to support your reporting to authorities.

Leverage Automated Alerts & System Holds

SATISFY ALL REGULATORY CONTROLS

PRECISION’s trade compliance software provides an automated alert whenever a shipment or trading partner is subject to special regulatory controls. Through smart business rules, workflow tasks, escalations and due dates can be assigned to the proper resource. PRECISION ensures all export controls have been satisfied before your shipment is released.

Improve Operational Visibility & Management

GET DATA-DRIVEN INSIGHTS

Get greater insight into your international trade compliance processes. PRECISION analytics provide on-demand dashboard views of key operational statistics, metrics and trends. These include the number and types of shipment holds as well as Denied Party Screening volume. These data-driven visibility tools are critical to helping you develop internal key performance indices and management reports.

Perform Due Diligence & Be Audit-Ready

ALWAYS HAVE AUDIT READY REPORTS

An inherent necessity of your export trade compliance program is the ability to mitigate the risks associated with regulatory compliance. From the start of the sales export process PRECISION’s trade compliance software vets key elements of the transaction to ensure that the sale can proceed and creates an electronic audit trail and audit-ready records to support your reporting to authorities.

Further Reading

In-depth information and analysis

White Paper

TRADE COMPLIANCE IN A BRAVE NEW WORLD

Any company that trades globally knows the importance of compliance. However not all companies are equal when it comes to mitigating risks. In this white paper, we discuss the importance of due diligence and how to avoid compliance pitfalls in a world of increasingly complex trade regulations.

Access News and Insights

BREXIT: PLANNING FOR AN UNCERTAIN FUTURE

THE HIGH COST OF FINANCIAL COMPLIANCE VIOLATIONS

Why PRECISION?

BEST-IN-CLASS GLOBAL TRADE COMPLIANCE SOFTWARE

PRECISION Automated Global Trade Compliance Software is used by high volume, high value and time-sensitive global shippers. Precision Software’s customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers. To find out how PRECISION can streamline trade compliance across your organization, schedule a consultation today.